AMC SAULT STE. MARIE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 6214817200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMC SAULT STE. MARIE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

6214817200

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$108,600

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$109,483.88

Date Loan was Forgiven

Feb 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

108,600

Lender

Newtek Small Business Finance, Inc.

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

SAULT SAINTE MARIE, MI

Project Location

SAULT SAINTE MARIE, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.